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...Microsoft has agreed to invest $1.5bn in Abu Dhabi artificial intelligence group G42, its latest big bet on the technology that underscores deepening collaboration between the US and United Arab Emirates...
...The US government has imposed sanctions on companies accused of shipping or trading Russian oil in violation of western rules but is yet to target an individual for involvement....
...The United Arab Emirates, led by G42, is pressing to become a global leader in AI, an effort that has thrust it into the centre of geopolitical jostling between the US and China over the technology....
...G42 of the United Arab Emirates is making the move to ensure its access to US-made chips by allaying concerns among its American partners, which include Microsoft and OpenAI, chief executive Peng Xiao said...
...The approach by the United Arab Emirates’ largest listed company comes as South African miner Sibanye-Stillwater is vying to take on Mopani Copper Mines, a prized but struggling state-owned asset in Africa...
...The Biden administration is proactively encouraging US tech groups to seek artificial intelligence deals and partnerships in the United Arab Emirates, seeking to cultivate an alliance that would provide...
...rates,” said Emily Stausbøll, market analyst at Xeneta, a shipping data firm....
...The United Arab Emirates and Saudi Arabia, the two biggest powers in the Gulf, are equally wary of Iran. They have long considered Iran to be a malign actor and a hostile power in their backyard....
...Somali pirates on Tuesday seized a ship carrying coal to the United Arab Emirates, stepping up attacks while the focus of international naval forces has turned to Yemen’s Houthis....
...The ship was operating a service for MSC from the United Arab Emirates port of Khalifa to Nhava Sheva in Mumbai. “She has since been diverted from her itinerary towards Iran,” the company said....
...Lunate in May had also launched the Chimera S&P China HK Shariah ETF, a shariah-compliant ETF tracking Hong Kong-listed Chinese equities....
...The attack on the Rubymar, which was carrying cargo from the United Arab Emirates to Bulgaria, underlines the Houthis’ continuing threat to ships traversing the Red Sea despite a recent lull in successful...
...It had been chartered by a Saudi commodities company, had picked up its cargo in the United Arab Emirates and was heading to Bulgaria....
...Qatar, which accounts for one-fifth of global LNG supplies, and the United Arab Emirates transport their LNG through the Strait of Hormuz, and “consequently, any disruption to this route could have major...
...Somali pirates seized a Bangladeshi ship carrying coal to the United Arab Emirates, underlining the growing risks for commercial shipping as global naval forces focus on the threat from Houthis in the Red...
...Meanwhile, countries including members of the EU and a handful of oil producers like the United Arab Emirates, along with environmentalists, argue that without binding cuts to plastics production, recycling...
...“It’s a gold rush,” he said, adding that shipping companies were asking for teams of six to eight guards, preferably with frontline combat experience. “Up until now, we were at maximum three.”...
...Kuwait, Algeria, Kazakhstan, Oman, Iraq and the United Arab Emirates also confirmed that they would maintain the voluntary production cuts....
...The rebels also launched missile and drone attacks against the United Arab Emirates, the main partner in the Saudi-led coalition, two years ago....
...Debt issued by Saudi Arabia, Qatar, Bahrain, Kuwait and the United Arab Emirates was phased into the index, and by the end of the year constituted almost 12 per cent of the benchmark....
...The companies said they co-ordinated closely with governments of both the US and United Arab Emirates, which has vaulting AI ambitions, spearheaded by powerful Emirati royal Sheikh Tahnoon bin Zayed al-Nahyan...
...The group also launched a drone and missile attack on the United Arab Emirates in 2022. In the UK, some in the ruling Conservative party are uneasy about the country’s involvement....
...The US Treasury department on Thursday said the two companies, based in the United Arab Emirates and Turkey, had used US-based shipping services while carrying Russian crude bought at a price greater than...
...The US Treasury department has imposed sanctions on three shipowners based in the United Arab Emirates, accusing them of exporting Russian crude oil priced above the $60 per barrel limit set by the G7 and...
...separate legal entity from its Swiss parent company and is incorporated outside the G7.Emirati companies can legally buy and sell Russian oil at any price, as long as they also use non-European shipping...
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